The Land Report

2018.4

The Magazine of the American Landowner is an essential guide for investors, landowners, and those interested in buying or selling land. The award-winning quarterly is known for its annual survey of America's largest landowners, The Land Report 100.

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Page 23 of 147

MarketWatch
A National Roundup of Rural Real Estate News
COMPILED BY STEPHEN O'KEEFE, CFA
PACIFIC
Calavo Growers
Tumbles, and Wm.
O'Neil Says Buy
Down nearly one-third
from September highs,
Wall Street expects
CVGW to have 21%
earnings growth in
2019 and gives it a price
target of $84, up 17%.
WEST
Denver's SM
Energy Primed
After falling more than
50% over the last
six weeks, analysts have
lowered price targets
for SM to an average of
$30, up more than
100% from the current
trading range.
GREAT PLAINS
How Long Can
Titan Stay Down?
In November, Fargo-
based Titan Machinery
stunned Wall Street
by reporting quarterly
earnings up 145%. Since
then, TITN has dropped
30% to $13.86. Analysts
average target? $24.
SOUTHWEST
Time to Buy
Fracking Stocks?
The recent nosedive in
crude prices has rocked
shale drillers such as
Diamondback Energy,
which is off 33%. Wall
Street analysts set a
$151 price target for
FANG, up 58%.
MIDWEST
Analysts Predict
Robust Upside
for CF
Based in the Chicago
suburb of Deerfield,
this nitrogen fertilizer
manufacturer has pulled
back 25% in recent
months. Analysts target
a 34% move to $57.
SOUTH
Vulcan Materials
Trading at Multi-
Year Lows
Valuations are attractive
for Birmingham-based
VMC, especially in light
of the $305 billion FAST
Act, which was passed
in 2015 to rebuild and
enhance US highways.
GREAT LAKES
Northern Oil & Gas
Beats the Street Six
Straight Quarters
7 out of 8 Wall Street
analysts rate NOG a
Buy. The company's
non-operator strategy
enables it to diversify
risk in prolific areas of
the Williston Basin.
NORTHEAST
Insiders Buying
Consol Coal
Resources
An MLP with an
undivided interest in a
highly automated mining
complex, CCR has a
price target of $21.17, up
more than 25% from
current levels.
22 L ANDREP ORT.COM e LandReport | WINTER 20 18